MGT 602 All Midterm Solved Papers

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Mid Term Papers

Entrepreneurship
MGT602
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Mid Term Paper 2010 MGT602 Question No: 1 Marks: 1 ! " P#ease choose one &ndividuals 'ho help the entrepreneur in business activities are called( ) Role models ) #oral support net'or$s $ Pro%essiona# support networks ) *usiness support net'or$s Question No: 2 Marks: 1 ! " P#ease choose one +ollo'in! are the problems in developin! the economies &'(&PT( '''.vuas$ari.com ) ,ap o- $no'led!e ) .ariable rate o- return $ )ame communication st*#e /a!e No. 01 ) 2i--erent accountin! system Question No: + Marks: 1 ! " P#ease choose one Which one the -ollo'in! is the best protection a!ainst product liability3 ) Avoid ne!li!ence $ ,arn consumers o% an* potentia# hazards /a!e No. 41 ) ,ive 'arranty ) Avoid misrepresentation Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
Question No: Marks: 1 ! " P#ease choose one Which one o- the -ollo'in! revie's the trends and competitive strate!ies3 $ &n.ironmenta# ana#*sis Pa/e No. 02 ) /roduct -orecast ) 5ontin!ency plan ) &ndustry analysis Question No: 0 Marks: 1 ! A utility patent has a term o-( ) 67 years $ -0 *ears $ 20 *ears Pa/e No. -0 ) 87 years Question No: 6 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! body issues patents3 ) ,ATT ) NA+TA ) +TA $ PT1 Pa/e No. -0 Question No: 2 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! is a more structured method o- problem solvin!" includin! principles and rules -or concept -ormation" ma$in! observations and e9periments" and -inally validatin! the hypothesis3 $ )cienti%ic method Pa/e No. +3 ) :euristics ) Attribute listin! ) .alue analysis Question No: 3 Marks: 1 ! " P#ease choose one Which one o- the -ollo'in! !ives su!!estions -or ne' product and also help to mar$et ne' products3 ) E9istin! products and services $ 4istri5ution channe#s Pa/e No. +0 ) +ederal !overnment Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute " P#ease choose one
) 5onsumers Question No: 6 Marks: 1 ! " P#ease choose one ,ATT is established in 6;41" under( ) ,erman leadership ) +rench leadership $ 7.). #eadership Not )ure! ) <.=. leadership Question No: 10 Marks: 1 ! " P#ease choose one +actors contribute to the creation o- ne' venture &'(&PT: ) ,overnment ) +inance ) 8i/h interest rates ) Role models Question No: 11 Marks: 1 ! " P#ease choose one A -oundation company is -ormed throu!h 'hich o- the -ollo'in!3 ) +ashion ) #ost popular business ) A 'indin! up company ) 9esearch and de.e#opment /a!e No. 1 Question No: 12 Marks: 1 ! " P#ease choose one Which one o- the -ollo'in! is the primary cause o- -ailure in small businesses3 ) /oor -inancial control ) /oor location $ Mana/ement mistakes ) &mproper inventory control Question No: 1+ Marks: 1 ! " P#ease choose one Which o- the -ollo'in! is a -ourth step in the entrepreneurial process3 ) 2evelopin! success-ul business ideas ) 2ecidin! to become an entrepreneur ) Growin/ the entrepreneuria# %irm ) #ovin! -rom an idea to an entrepreneurial -irm Re-( http(>>'ps.prenhall.com>bp?barrin!er?entrep?6>0;>141@>6;6A81B.c'>content>inde9.html Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
Question No: 1Marks: 1 ! " P#ease choose one Which one o- the -ollo'in! is N1T a phase o- entrepreneurial process3 ) &denti-ication and evaluation o- opportunity ) 2evelopment o- business plan ) 2ecidin! to become an entrepreneur ) 2etermination o- reCuired resources '''.vuas$ari.com Question No: 10 Marks: 1 ! " P#ease choose one Which one o- the -ollo'in! is not the intrapreneurial leadership characteristic3
) ) ) )
<nderstands environment Encoura!e the team 'or$ Not %#e:i5#e /ersistent
Question No: 16 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! system is necessary -or e9pansion or elimination ointrapreneurial units3 $ Mana/ement ) Evaluation ) Re'ard ) Trainin! Question No: 12 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! -actor does not a--ect a person -or bein! an entrepreneur3 $ Nationa#it* ) Education ) /ersonal values ) Wor$ history '''.vuas$ari.com Question No: 13 Marks: 1 ! " P#ease choose one /ro-essional support net'or$ includes all o- the -ollo'in! &'(&PT( ) /ersonal a--iliations ) #entor Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
) Trade associations ) ;riends Pa/e No. 2Question No: 16 Marks: 1 ! " P#ease choose one +ollo'in! are the types o- -orei!n direct investment &'(&PT( ) Joint venture ) Mana/ement contracts Pa/e 26 ) #inority interest ) #er!er Question No: 20 Marks: 1 ! " P#ease choose one +ollo'in! are the types o- nonDeCuity arran!ements &'(&PT: ) Licensin! ) #ana!ement contracts $ 4irect e:port Pa/e23 ) Turn$ey pro%ects Question No: 21 Marks: 1 ! " P#ease choose one Accordin! to 'hich o- the -ollo'in!" an entrepreneur is the person 'ho brin!s resources" labor" materials and other assets into combinations that increase their value3 $ &conomist Pa/e No. ) /sycholo!ist ) *usinessman ) ociolo!ist '''.vuas$ari.com Question No: 22 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! abilities must be possessed by an entrepreneur3 ) 5reative ) 5onceptualiEation ) <nderstandin! environment $ <## o% the /i.en options Question No: 2+ Marks: 1 ! " P#ease choose one Which o- the -ollo'in! options can be very help-ul to startDup ne' ventures3 $ )eed (apita# ) &n-rastructure ) Technolo!y ) E9perience Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
Question No: 2Marks: 1 ! " P#ease choose one Accordin! to :ennin! and Jardim" -emale e9ecutives tend to be the -irstborn. Which othe -ollo'in! supports this research3 ) *ecause -irstborn has to be more responsible ) *ecause -irstborn needs special care ) *ecause -irstborn tends to be more -le9ible $ =ecause %irst5orn recei.es specia# attention Question No: 20 Marks: 1 ! " P#ease choose one &n terms o- personality" there are stron! similarities bet'een men and 'omen entrepreneurs. Which o- the -ollo'in! does not re-er to this statement3 ) *oth are ener!etic ) =oth are /oa# oriented ) They 'ant to be independent ) #ales are more con-ident than 'omen Question No: 26 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! businesses 'omen entrepreneurs pre-er to start3 ) #anu-acturin! ) 5onstruction ) &ducationa# ser.ices ) :i!hDtechnolo!y -ields Question No: 22 Marks: 1 ! " P#ease choose one F/ayin! -or !oods indirectly throu!h another sourceG re-ers to( ) *arter ) Tradin! $ Third"part* arran/ement Pa/e No. ++ ) *alance o- payment Question No: 23 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! best de-ines Fdiversi-ied activity mer!erG3 ) &t re-ers to combinin! t'o -irms 'ith noncompetin! products ) &t re-ers to -ormin! a third company by combinin! t'o companies $ >t re%ers to com5inin/ at #east two tota##* unre#ated %irms Pa/e No. 26 ) &t re-ers to combinin! at least t'o -irms at di--erent mar$et levels '''.vuas$ari.com Question No: 26 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! statements best de-ines Fbrainstormin!G3 ) &t re-ers to !roups o- individuals providin! in a structured -ormat $ >t re%ers to a /roup method %or o5tainin/ new ideas and so#utions Pa/e +2 Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
) &t re-ers to a method -or obtainin! ne' ideas and solutions by -ocusin! on problems ) &t re-ers to a method -or obtainin! ne' ideas -ocusin! on the parameters Question No: +0 Marks: 1 ! " P#ease choose one &denti-y the statement 'hich re-ers to Flicensin!G. ) &t !rants holder protection -rom others ma$in!" usin! or sellin! similar idea ) &t may be a 'ord" symbol" desi!n or some combination that identi-ies the source o- certain !oods ) &t protects ori!inal 'or$s o- authorship $ >t is a contractua# a/reement /i.in/ ri/hts to others to use inte##ectua# propert* in return %or a ro*a#t* or %ee Pa/e No. -6 Question No: +1 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! denote no relationship bet'een the mar$ and the !oods or services3 $ (oined marks Pa/e No.-0 ) Arbitrary mar$s ) u!!estive mar$s ) 2escriptive mar$s Question No: +2 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! trademar$s is used to su!!est certain -eatures" Cualities" in!redients or characteristics o- a product or service3 ) 5oined mar$ ) Arbitrary mar$ $ )u//esti.e mark Pa/e No. -0 ) 2escriptive mar$ '''.vuas$ari.com Question No: ++ Marks: 1 ! " P#ease choose one 2ata that support the opportunity -or the venture should be brie-ly stated in the e9ecutive summary. &- this venture is an internet business" all o- the -ollo'in! -acts should be stated by an entrepreneur EH5E/T( ) ,ro'th in the number o- internet users ) ,ro'th in the avera!e amount o- time spent on the internet ) ,ro'th in sales dollars !enerated on the internet $ Growth rate o% popu#ation Question No: +Marks: 1 ! " P#ease choose one Which o- the -ollo'in! ma$e the business plan di--icult to control and implement3 ) Too !eneral !oals and ob%ectives ) Too speci-ic !oals and ob%ectives Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
) Realistic !oals and ob%ectives $ None o% the /i.en options Not )ure! M>4T&9M &'<M>N<T>1N )prin/ 2010 MGT602" &ntrepreneurship www..uaskari.com Time: 60 min Marks: -2 http(>>!roups.!oo!le.com>!roup>vuDas$ari3hlIen Question No: 1 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! has not yet been empirically established as a distin!uishin! characteristic o- entrepreneurs3 ) Locus o- control ) +eelin! about independence ) Need -or achievement $ 9isk takin/ Question No: 2 Marks: 1 ! " P#ease choose one A typical inventor is usually ????????????????????????. $ 8i/h#* creati.e ? in #o.e with the in.ention ) 2oes not encoura!e chan!e ) Willin! to modi-y the invention in order to au!ment commercial bene-it ) None o- the !iven options Question No: + Marks: 1 ! " P#ease choose one The level at 'hich an individual is vie'ed by society is called( ) +inancial status ) Juali-ication $ )ocia# status ) Achievement Question No: Marks: 1 ! " P#ease choose one An individuals need to be reco!niEed is called( ) Need -or independence ) Need -or a--iliation ) Need o- -ame $ Need %or achie.ement Question No: 0 Marks: 1 ! " P#ease choose one
Which one o- the -ollo'in! is an important source o- idea !eneration due to their -amiliarity 'ith the needs o- mar$et3 ) E9istin! products and services $ 4istri5ution channe#s ) +ederal !overnment ) 5onsumers Question No: 6 Marks: 1 ! " P#ease choose one The concept o- World Wide Web pa!es 'as developed in( ) 6;@7s ) 6;17s ) 6;87s $ 1660s Question No: 2 Marks: 1 ! " P#ease choose one Which one o- the -ollo'in! can serve entrepreneur as a consultant o- the business plan3 ) La'yers ) Accountants ) #ar$eters ) All o- the !iven options Question No: 3 Marks: 1 ! " P#ease choose one :o' many perspectives should be considered 'hile preparin! business plan3 ) One $ Three ) +our ) Not speci-ic Question No: 6 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! is a po'er-ul mar$etin! tool -or e9pansion o- business in ne' mar$et3 ) Licensin! ) /roduct sa-ety ) &nsurance ) 5opy ri!hts Question No: 10 Marks: 1 ! " P#ease choose one Which one o- the -ollo'in! can be re!istered under desi!n patent3 ) Ne' product ) Ori!inal product ) Ornamental $ <## o% the /i.en options http(>>!roups.!oo!le.com>!roup>vuDas$ari3hlIen Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
Question No: 11 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! is a characteristic o- a !ood partner3 $ 8e#p to achie.e /oa#s ) hare entrepreneurs vision ) 2o not e9ploit the partnership ) All o- the !iven options Question No: 12 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! is a method o- sellin! !oods to another country by ta$in! care otransactions3 ) &ndirect e9portin! $ 4irect e:portin/ ) &mportin! ) #ana!ement contract Question No: 1+ Marks: 1 ! " P#ease choose one Which one o- the -ollo'in! is the 'ay by 'hich an entrepreneur can enter into international business3 ) E9port ) Non eCuity arran!ements ) 2irect -orei!n investment $ <## o% the /i.en options Question No: 1Marks: 1 ! " P#ease choose one #ost o- the -inance -or the ne' -irm comes -rom -ollo'in! resources &'(&PT( ) +riends $ ;orei/n aid ) Relatives ) /ersonal savin!s Question No: 10 Marks: 1 ! " P#ease choose one Which one o- the -ollo'in! receives hi!hest investment3 ) /ublic company ) Li-e style $ 8i/h potentia# .enture ) +oundation -irm Question No: 16 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! is a second step in the entrepreneurial process3 $ 4e.e#opin/ success%u# 5usiness ideas Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
) 2ecidin! to become an entrepreneur ) ,ro'in! the entrepreneurial -irm ) #ovin! -rom an idea to an entrepreneurial -irm http:///roups./oo/#e.com//roup/.u"askari@h#Aen Question No: 12 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! is N1T included in the opportunity evaluation process3 ) Len!th o- the opportunity ) Real and perceived value o- opportunity $ Goa#s and o5Becti.es o% customers ) Ris$s and re'ards o- opportunity Question No: 13 Marks: 1 ! " P#ease choose one Which one o- the -ollo'in! is true re!ardin! -emale entrepreneurs3 ) 5urrently the number o- companies o'ned by -emale entrepreneurs e9ceeds those o'ned by their male counterparts ) WomenDo'ned businesses !ro' thrice that national rate -or all private companies ) BA percent o- all private companies are 'omenDo'ned businesses $ 1ne"third o% women"owned 5usinesses are connected with hea#th care and socia# ser.ices Question No: 16 Marks: 1 ! " P#ease choose one All o- the -ollo'in! are true re!ardin! male entrepreneurs &'(&PT: ) Typically most male entrepreneurs are -irstDborns ) 2issatis-action 'ith present %ob is a departure point -or a male entrepreneur ) #ale entrepreneurs mostly have a occupational bac$!round o- middleDmana!ement or administrativeDe9perience in the -ield ) #ale entrepreneurs tend to be opinionated and persuasive in their approach Question No: 20 Marks: 1 ! " P#ease choose one &n terms o- chronolo!ical a!e" most entrepreneurs initiate their entrepreneurial carrier bet'een a!es o-( ) 6B and 00 $ 22 and -0 ) 4B and B1 ) B1 and @A Question No: 21 Marks: 1 ! " P#ease choose one &t has been observed that usually the entire country is or!aniEed under sin!le( $ &conomic s*stem ) 5ulture ) Livin! standard Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
) Le!al environment Question No: 22 Marks: 1 ! " P#ease choose one +ollo'in! are the types o- nonDeCuity arran!ements &'(&PT: ) Licensin! ) #ana!ement contracts ) 2irect e9port ) Turn$ey pro%ects Question No: 2+ Marks: 1 ! " P#ease choose one Which o- the -ollo'in! abilities must be possessed by an entrepreneur3 ) 5reative ) 5onceptualiEation ) <nderstandin! environment $ <## o% the /i.en options http(>>!roups.!oo!le.com>!roup>vuDas$ari3hlIen
Question No: 2Marks: 1 ! " P#ease choose one An individuals desirability to -orm a ne' venture depends upon all o- the -ollo'in! E9cept( ) 5ulture ) +amily ) Teachers $ Persona# sa.in/s Question No: 20 Marks: 1 ! " P#ease choose one &denti-y the type o- innovation 'hich re-ers to ne' products 'ith si!ni-icant technolo!ical advancement. ) Ordinary innovation $ Techno#o/ica# inno.ation ) *rea$throu!h innovation ) Technical innovation Question No: 26 Marks: 1 ! " P#ease choose one F#ana!ement o- enterpriseG is an important aspect o- entrepreneurial process. Which involves all o- the -ollo'in! EH5E/T( $ >mp#ementation o% a mana/ement st*#e ) 2etermination o- $ey variables -or success ) &mplementation o- control system Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
) 5reation o- opportunity Question No: 22 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! is NOT a !oal o- an intrapreneurial culture3 ) To ta$e responsibility and o'nership ) To be re'arded -or actions ta$en ) To develop visions" !oals" and action plans $ To %o##ow /i.en instructions Question No: 23 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! best de-ines Fminority interestG3 $ >t re%ers to ha.in/ #ess than 00 percent ownership position ) &t re-ers to -ormin! a third company by combinin! t'o companies ) &t re-ers to havin! more than B7 percent o'nership position ) &t re-ers to sellin! !oods made in one country to another country Question No: 26 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! techniCues is an e9cellent method -or initial screenin! o- ideas and concepts3 ) +ocus !roup ) /roblem inventory analysis $ =rain stormin/ ) Reverse brainstormin! Question No: +0 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! is an idea !eneration method that -ocuses on parameters3 ) *rainstormin! ) Reverse brainstormin! ) 5reative problem solvin! ) ynectics Question No: +1 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! best describes FcontractG3 $ >t re%ers to a #e/a##* 5indin/ a/reement 5etween two parties ) &t !rants holder protection -rom others ma$in!" usin! or sellin! similar idea ) &t may be a 'ord" symbol" desi!n or some combination that identi-ies the source ocertain !oods ) &t re-ers to a le!al document !ivin! o--icial permission to do somethin! Question No: +2 Marks: 1 ! " P#ease choose one
There are three perspectives that should be considered 'hen preparin! the plan. Which othe -ollo'in! does NOT re-er to the plan3 ) Entrepreneurial perspective ) #ar$etin! perspective ) &nvestors perspective $ 9e#i/ious perspecti.e http(>>!roups.!oo!le.com>!roup>vuDas$ari3hlIen
Question No: ++ Marks: 1 ! " P#ease choose one *usiness plan should be prepared by an entrepreneur. All o- the -ollo'in! should be consulted 'hile preparin! this plan EH5E/T( ) La'yers ) Accountants ) #ar$etin! consultants $ Genera# pu5#ic Question No: +Marks: 1 ! " P#ease choose one 2ata that support the opportunity -or the venture should be brie-ly stated in the e9ecutive summary. &- this venture is an internet business" all o- the -ollo'in! -acts should be stated by an entrepreneur EH5E/T( ) ,ro'th in the number o- internet users ) ,ro'th in the avera!e amount o- time spent on the internet ) ,ro'th in sales dollars !enerated on the internet $ Growth rate o% popu#ation Question No: +0 Marks: + ! What is copyri!ht3 What are its limitations. http(>>!roups.!oo!le.com>!roup>vuDas$ari3hlIen
Question No: +6 Marks: 0 ! While usin! brain stormin! -or ne' idea creation 'hat measures should be ta$en to acCuire a !ood idea3 Question No: +2 Marks: 0 ! While developin! the 'eb site 'hat characteristics should be $ept in mind3 Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
'()*+,' +-.'(/.*(0/ "pring 2010 '1*6022 +ntreprene&rship 3"ession 2 34
*i5e: 60 5in 'ar#s: 6&estion /o: 1 3'ar#s: 14 2 7lease 8hoose one A typical inventor is usually ________________________. 9ighly 8reative : in love with the invention 3page no 2!4 Does not encourage change Willing to modify the invention in order to augment commercial benefit None of the given options (nventor An individual who creates something new 6&estion /o: 2 3 'ar#s: 1 4 2 7lease 8hoose one
Being one s own boss is a need of! (ndependen8e pa/e no 23! Achievement Affiliation Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
Authority /eed $or independen8e. Being one s own boss"one of the strongest needs of an entrepreneur 6&estion /o: 3 3 'ar#s: 1 4 2 7lease 8hoose one
#he difference between the value of a country s imports and e$ports over time is called! Deficit e$ports Deficit imports Balan8e o$ pay5ent pa/e 26! Balance of debt %ef! http!&&en.mimi.hu&business&e$ports.html #he difference between the value of a country's imports and e;ports during a specific period of times called the balance of trade. 6&estion /o: 3 'ar#s: 1 4 2 7lease 8hoose one
A&an ______ is an online connection between the company and its customers. (nternet advertising <e%site pa/e --! )"*ommerce World Wide Web <e%site A website is an online connection between the company and its customers and can be developed in"house or outsourced. #here are several important features of every website. 6&estion /o: = 3 'ar#s: 1 4 2 7lease 8hoose one
Which of the following grants protection to owner from anyone else making+ using and selling the identified innovation, >tility patent pa/e -6! Design patent -lant patent (nternational patent 1? >tility 7atents A utility patent has a term of ./ years+ beginning on the date the -atent and #rademark 0ffice 1-#02 issues it. NA3#A 1North American 3ree #rade Agreement2 establishes a minimum period of 45 years. #he patent grants the owner protection from anyone making+ using+ and&or selling the invention.
6&estion /o: 6
3 'ar#s: 1 4
2 7lease 8hoose one
All of the following are essentials to maintain secrecy+ )6*)-#! #rain employees to refer sensitive 7uestions to one person )is8&ss %&siness in p&%li8 pla8es pa/e 00! -rovide escorts for all office visitors 8se simple security such as locked file cabinets #o maintain secrecy .. #rain employees to refer sensitive 7uestions to one person. 4. -rovide escorts for all office visitors. 9. Avoid discussing business in public places. Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
:. 8se simple security such as locked file cabinets and shredders.
6&estion /o: @
3 'ar#s: 1 4
2 7lease 8hoose one
Who should prepare the business plan, )ntrepreneurs Kpa!e B4L *onsultants )ngineers ;mall business administration services A %&siness plan is a written document prepared by the entrepreneur that describes all the relevant e$ternal and internal elements involved in starting a new venture. 6&estion /o: ! 3 'ar#s: 1 4 2 7lease 8hoose one
Which of the following body issues patents, <A## NA3#A 3#A 7*0 pa/e -2! Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
-atents are issued by the -atent and #rademark 0ffice 1-#0.2 6&estion /o: 9 3 'ar#s: 1 4 2 7lease 8hoose one
#he product life cycle starts with which stage of product planning and development process, #est marketing stage 7rod&8t develop5ent stage Kpa!e 4AL *ommerciali=ation stage -roduct planning and development process is a part of product life cycle 7rod&8t planning and develop5ent pro8ess <enerally divided into five ma>or stages! idea stage+ concept stage+ prod&8t develop5ent stage, test 5ar#eting stage, test 5ar#eting stage, and 8o55er8ialiAation stage
6&estion /o: 10
3 'ar#s: 1 4
2 7lease 8hoose one
Developing a new idea through in7uiry and testing is called! 9e&risti8s pa/e -1! 3orced relationship ;cientific method ?alue analysis 9e&risti8s
(t is method of developing a new idea through a thought process progression. 6&estion /o: 11 3 'ar#s: 1 4 2 7lease 8hoose one
Which one of the following gives suggestions for new product and also help to market new products, )$isting products and services )istri%&tion 8hannels pa/e +3! 3ederal government *onsumers )istri%&tion Channels Because they are familiar with the needs of the market+ channel members often have suggestions for new products. #hese channel members can also help in marketing the new product. 6&estion /o: 12 3 'ar#s: 1 4 2 7lease 8hoose one
#rade barriers cause! (n8rease in 8ost pa/e +6! Decrease in cost (ncrease in profit None of the given options *rade %arriers pose problems for entrepreneurs who want to become involved in international business. #rade barriers increase the costs of e$porting pro>ects to a country. 6&estion /o: 13 3 'ar#s: 1 4 2 7lease 8hoose one
A person who managed large pro>ect was termed as the entrepreneur in the _________. Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
)arliest period 'iddle ages pa/e +! ./th century .@th and 45th century 'iddle .ges (n this age the term entreprene&r was used to describe both an actor and a person who managed large production pro>ects.
6&estion /o: 1
3 'ar#s: 1 4
2 7lease 8hoose one
Which of the following is /0* a potential cost of becoming an entrepreneur, 3inancial reward Aong hours Finan8ial inse8&rity not sure! Aoneliness
6&estion /o: 1=
3 'ar#s: 1 4
2 7lease 8hoose one
3actors contribute to the creation of new venture +-C+7*: <overnment Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
3inance Bigh interest rates ,ole 5odels 2 and 6!
6&estion /o: 16
3 'ar#s: 1 4
2 7lease 8hoose one
Cost of the finance for the new firm comes from following resources +-C+7*! 3riends Foreign aid %elatives -ersonal savings
6&estion /o: 1@
3 'ar#s: 1 4
2 7lease 8hoose one
What is the process by which individuals pursue opportunities without regard to resources they currently control, ;tartup management +ntreprene&rship 3inancial analysis 3easibility planning *onceptuali=ed entrepreneurship as a process by which individuals " either on their own or inside organi=ations " pursue opportunities without regard to the resources which they currently control. Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
6&estion /o: 1!
3 'ar#s: 1 4
2 7lease 8hoose one
Which of the following is /0* included in the opportunity evaluation process, Aength of the opportunity %eal and perceived value of opportunity 1oals and o%Be8tives o$ 8&sto5ers pa/e no 1+! %isks and rewards of opportunity a? *he eval&ation pro8ess involves loo#ing at b. #he creation and length of the opportunity c. (ts real and perceived value d. (ts risks and return. e. (t s fit with the skills and goals of the entrepreneur f. (ts differential advantage in its competitive environment
6&estion /o: 19
3 'ar#s: 1 4
2 7lease 8hoose one
#he difference of the entrepreneurial and managerial domains has contributed towards an increase interest in which of the following, ) +ormin! ne' -irms ) /artnership $ &ntrepreneurship pa/e 10! ) /rivate -irms Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
The di--erences in the entrepreneurial and mana!erial domains have contributed to'ards an increased interest in corporate entrepreneurship.
6&estion /o: 20
3 'ar#s: 1 4
2 7lease 8hoose one
Which is the most common cause of business failure, (nsufficient capital 8nstable market (nsufficient e$perience 7oor entreprene&rship 6&estion /o: 21 3 'ar#s: 1 4 2 7lease 8hoose one
(n which one of the following countries the entrepreneurial success has been significant because of the culture+ the political and economic systems, )uropean countries .sian 8o&ntries pa/e +2! 3ar )ast countries Ciddle )ast countries -age 9/ )ntrepreneurial success in some Asian countries has been significant because of the culture and the political and economic systems. 6&estion /o: 22 3 'ar#s: 1 4 2 7lease 8hoose one
Coral support network includes all of the following +-C+7*! ;pouses Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
3riends B&siness asso8iates pa/e 26! %elatives 'oral s&pport networ# of family and friends. Cost entrepreneurs indicate that their spouses are their biggest supporters. 3riends can provide advice that is more honest than that received from others+ plus encouragement+ understanding+ and assistance. %elatives can also be sources of moral support+ particularly if they are also entrepreneurs. 6&estion /o: 23 3 'ar#s: 1 4 2 7lease 8hoose one
-rofessional support network includes all of the following +-C+7*! -ersonal affiliations Centor #rade associations Friends 3page no 264 -age 4D read 7ro$essional2"&pport /etwor#
6&estion /o: 2
3'ar#s: 14
2 7lease 8hoose one
#he former 8;;% received technology and syrup from -epsi and provided it with ;oviet vodka and rights to distribute it in the 8;. #his is an e$ample of! )conomic development Barter system1page no 4@2 Balance of payment Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
(nternational trade
*ype o$ "yste5 Barter or third2party arrange5ents have been used to increase business activity with the *ommonwealth of (ndependent ;tates+ the former 8.;.;.%. 6&estion /o: 2= 3 'ar#s: 1 4 2 7lease 8hoose one
__________ is prepared on the bases of levels of the internal structure of the business. 0rganiAational 7lan pa/e no 03! -roduction -lan Carketing -lan 3inancial -lan #he organi=ational plan section should describe the venture s form of ownership. (f the venture is a corporation+ this should include the number of shares authori=ed+ share options+ and names and addresses of the directors and officers. (t is helpful to provide an organi=ation chart indicating the line of authority. #his chart shows the investor who controls the organi=ation and how members interact.
6&estion /o: 26
3 'ar#s: 1 4
2 7lease 8hoose one
Which of the following abilities must be possessed by an entrepreneur, *reative *onceptuali=ation 8nderstanding environment Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
.ll o$ the given options
6&estion /o: 2@
3 'ar#s: 1 4
2 7lease 8hoose one
Which of the following is N0# a guiding principle in a traditional corporate culture, 3ollow given instructions *a#e responsi%ility and ownership pa/e no 13! Do not take initiative Do not make mistakes *he g&iding prin8iples in a traditional 8orporate 8&lt&re are: .. 3ollow instructions given 4. Do not make mistakes 9. Do not fail :. Do not take initiative E. ;tay within your turf and protect your backside D. #his restrictive environment is not conducive to creativity+ fle$ibility+ and risk taking
6&estion /o: 2!
3 'ar#s: 1 4
2 7lease 8hoose one
(n order to minimi=e the negative effect of any disruption in an organi=ation+ which of the following characteristics an intrapreneur must possess, 9e sho&ld %e diplo5ati8 Be should be conservative Be should be autocratic Be should be authoritative -A<) 45 Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
#he intrapreneur must be a good diplomat to minimi=e disruption. 6&estion /o: 29 3 'ar#s: 1 4 2 7lease 8hoose one
According to research+ when do the female entrepreneurs tend to start their first significant venture, (n their 5id 20s (n their 5id 30s1-age No.4:2 (n their mid :5s (n their mid E5s
,enerally" male entrepreneurs start their -irst venture in their early A7s" 'hile 'omen tend to do so in their middle A7s.
6&estion /o: 30
3 'ar#s: 1 4
2 7lease 8hoose one
Which of the following best defines Fhori=ontal mergerG, (t re$ers to 8o5%ining at least two $ir5s doing si5ilar %&sinesses at the sa5e 5ar#et level pa/e no+2! (t refers to forming a third company by combining two companies (t refers to having more than E5 percent ownership position (t refers to combining at least two firms at different market levels 9oriAontal 5erger *ombination of at least two firms doing similar businesses at the same market level 6&estion /o: 31 3 'ar#s: 1 4 2 7lease 8hoose one
Which of the following is an e$ample of rising number of women entrepreneurs in *hina, Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
<uau <uarymei Wataru 0hashi Ha=uhiko Nishi Ci Da2"hing 6&estion /o: 32 3 'ar#s: 1 4 2 7lease 8hoose one
(dentify the statement which best defines Fchecklist methodG (t re$ers to developing a new idea thro&gh a list o$ related iss&es (t refers to a group method for obtaining new ideas focusing on the negative (t refers to a method for individuals to solve problems through one of four mechanisms (t refers to a method for developing new ideas when the individuals are unaware of the problem Che8#list 5ethod 3page 14
Developing a new idea through a list of related issues is checklist method of problem solving. 6&estion /o: 33 3 'ar#s: 1 4 2 7lease 8hoose one
Which of the following best describes FcontractG, (t re$ers to a legally %inding agree5ent %etween two parties (t grants holder protection from others making+ using or selling similar idea (t may be a word+ symbol+ design or some combination that identifies the source of certain goods Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
(t refers to a legal document giving official permission to do something Contra8t is an agreement between two or more parties+ that if it contains the elements of a valid legal agreement is enforceable by lawI.J or by binding arbitration. #hat is to say+ a contract is an e$change of promises with a specific remedy for breach. 6&estion /o: 3 3 'ar#s: 1 4 2 7lease 8hoose one
Which of the following is the title or cover page that provides a brief summary of the business plan s content, (ntrod&8tory page )$ecutive summary )nvironmental and industry analysis Description of venture -A<) E/ #he title page provides a brief summary of the business plan s contents+ 6&estion /o: 3= 3 'ar#s: 3 4
Bow the business plan is presented to potential investors, #he description of the venture should be comprehensive. #his should begin with the mission statement or company mission, which describes the nature of the business and what the entrepreneur hopes to accomplish. #he new venture should be described in detail+ including the product+ location+ personnel+ background of entrepreneur+ and history of the venture. #he emphasis placed on location is a function of the type of business. Caps that locate customers+ competitors+ and alternative locations can be helpful. #hen the marketing plan describes how the products will be distributed+ priced+ and promoted. -otential investors regard the marketing plan as critical to the venture s success. Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
6&estion /o: 36
3 'ar#s: = 4
Which factors should be studied by entrepreneur to conduct environmental analysis while preparing a business plan, )$plain the factors. #he entrepreneur should first conduct an environ5ental analysis to identify trends and changes occurring on a national and international level that may impact the new venture. )$amples of environmental factors are! K )conomy K *ulture K #echnology K Aegal concerns +8ono5y: #he entrepreneur first wants to know the economic situation of country where he wants to start the business because this has great impact on its success. (f economical situation is not stabili=es then investors will not willing to invest with us+ which is the first step for every beginning of business. *ulture! (t has too much influence on our products which we made. (f we produce such thing which is not familiar to people where the business operate there should be loss for. 3or e$ampleL if Bonan=a will start to produce ;halwar M Hamee= suits in Arab countries who will buy+ because in Arab countries there culture is different from us. ;o+ entrepreneur must first look about the culture trends. *e8hnology: Now a day s technology changes day to day. )very day or week new inventions is there in market+ which help us to make business easy for us. We should keep update ourselves in technology perspective to save more money and produce more. Cegal Con8erns: #hese are important issue for every entrepreneur. As every country have its own and different laws there. #herefore+ he&she must be having knowledge about the limitations and Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
permissions from government of that country where he&she want to do business. 6&estion /o: 3@ 3 'ar#s: = 4
While entering into the international market the companies usually have strategic planning process. What should be considered in the strategic planning, ;trategic -lanning offers ideas on how to match the organi=ation s design to its products and capabilities+ goals and resources. #his process is much easier to e$ecute once you have obtained a basic knowledge of e$porting value"added food products+ understand the marketing research process+ and analy=ed the elements of the marketing mi$. -roper organi=ation+ both internally and e$ternally+ allow the firm to become more efficient in its operations and e$pansion. After the information the first step in building a successful e$port strategy is determining the firm s readiness to e$port. #he following are guidelines on preparing an e$port business plan+ developing e$port marketing skills+ designing a template for an e$port marketing plan and considering marketing tools prior to engaging directly in promotional activities. M>4T&9M &'<M>N<T>1N )prin/ 2010 MGT602" &ntrepreneurship )ession " 2! Time: 60 min Marks: -2 Question No: 1 Marks: 1 ! " P#ease choose one The level at 'hich an individual is vie'ed by society is called( ) +inancial status ) Juali-ication $ )ocia# status ) Achievement Question No: 2 Marks: 1 ! " P#ease choose one
Which one o- the -ollo'in! is the ne9t sta!e to the 5oncept ta!e o- /roduct /lannin! and 2evelopment /rocess3 ) &dea ta!e ) /roduct /lannin! ta!e ) Product 4e.e#opment )ta/e ) Test #ar$etin! ta!e Question No: + Marks: 1 ! " P#ease choose one Which one o- the -ollo'in! is NOT included in -our 5s evaluation by lender3 ) 5haracter ) 5ost $ (ontinuit* ) 5ontribution Question No: Marks: 1 ! " P#ease choose one Which o- the -ollo'in! is NOT essential part o- the contract3 '''.vuas$ari.com ) All the parties involved should be named ) Transaction should be described in detail ) Obtain si!natures o- the persons involved $ P#ace where contract takes p#ace Question No: 0 Marks: 1 ! " P#ease choose one Which one o- the -ollo'in! is the 'ay by 'hich an entrepreneur can enter into international business3 ) E9port ) Non eCuity arran!ements ) 2irect -orei!n investment $ <## o% the /i.en options Question No: 6 Marks: 1 ! " P#ease choose one The entrepreneur 'as distin!uished -rom capital provider in( ) #iddle a!es $ 13th centur* Pa/e No.+! ) 61th century ) 6;th and 07th century
&n the 68th century the person 'ith capital 'as di--erentiated -rom the one 'ho needed capital. &n other 'ords" entrepreneur 'as distin!uished -rom the capital provider Question No: 2 Marks: 1 ! " P#ease choose one Andre' 5arne!ie is an e9ample o- entrepreneur o- 'hich century( ) Earliest period $ 16th and 20th centur* Pa/e No.+! ) #iddle a!es ) 61th century Question No: 3 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! t'o 'or$ environments should be !ood -or spa'nin! the ne' enterprises3 $ ;inance and marketin/ ) +inance and RM2 ) #ar$etin! and RM2 ) #ar$etin! and &T Question No: 6 Marks: 1 ! " P#ease choose one #ost o- the -inance -or the ne' -irm comes -rom -ollo'in! resources &'(&PT( ) +riends $ ;orei/n aid ) Relatives ) /ersonal savin!s Question No: 10 Marks: 1 ! " P#ease choose one What is the process by 'hich individuals pursue opportunities 'ithout re!ard to resources they currently control3 ) tartup mana!ement $ &ntrepreneurship ) +inancial analysis ) +easibility plannin! *onceptuali=ed entrepreneurship as a process by which individuals " either on their own or inside organi=ations " pursue opportunities without regard to the resources which they currently control.
Question No: 11 Marks: 1 ! " P#ease choose one Which one o- the -ollo'in! is a -irm that achieves modest !ro'th3 ) :i!h potential !ro'th -irm ) +oundation -irm $ Ci%e st*#e ) /ublic company Question No: 12 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! -actors is the most important in -orcin! <. companies to -ocus on ne' product development and increased productivity3 ) &ntrepreneurship ) :yper competition ) ,overnmental la's ) Or!aniEational culture Question No: 1+ Marks: 1 ! " P#ease choose one Which o- the -ollo'in! typical culture has a climate and re'ard system that -avors conservative decision ma$in!3 '''.vuas$ari.com ) Entrepreneurial ) &ntrapreneurial $ (orporate Pa/e 16 ) None o- the !iven options Question No: 1Marks: 1 ! " P#ease choose one What ta$es place durin! the productDevolution process3 $ >nno.ation is de.e#oped and commercia#ized throu/h entrepreneuria# acti.it* Pa/e3 ) The product>service is evaluated and any scope o- -urther development is charted ) The business branches into separate units o- development and mar$etin! ) The product>service is evaluated to identi-y its !lobal mar$etability Question No: 10 Marks: 1 ! " P#ease choose one All the -ollo'in! Cualities are reCuisites -or an entrepreneur &:cept: ) 2riven by perception o- opportunity ) Learnin! -rom business -ailure ) 5o!nitive adaptability Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
) E--ectuation Question No: 16 Marks: 1 ! " P#ease choose one Which one o- the -ollo'in! -actor does not di--er in motivatin! male and -emale entrepreneurs3 $ >ndependence pa/e22 ) #oney ) Job satis-action ) Opportunity Question No: 12 Marks: 1 ! " P#ease choose one +emale entrepreneurs di--er -rom male entrepreneurs in terms o- all o- the -ollo'in! &'(&PT( $ Moti.ation Pa/e22 ) *usiness s$ills ) 2eparture point ) ,oal orientation Question No: 13 Marks: 1 ! " P#ease choose one Which one o- the -ollo'in! may need the business plan3 '''.vuas$ari.com ) Employees $ >n.estors pa/e00 D need to check! ) Advisors ) All o- the !iven options Question No: 16 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! re-ers to ne' products 'ith some technolo!ical chan!e3 ) Ordinary innovation ) Technolo!ical innovation $ =reakthrou/h inno.ation Pa/e0 ) Technical innovation Question No: 20 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! is>are $no'n as barriers to ne' product creation and development3 ) Trial and error $ 1pportunit* parameters pa/e1+ ) Opportunity cost Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
) &ntrapreneurial culture Question No: 21 Marks: 1 ! " P#ease choose one Accordin! to research" 'hen do the -emale entrepreneurs tend to start their -irst si!ni-icant venture3 $ >n their mid 20s ) &n their mid A7s ) &n their mid 47s ) &n their mid B7s Question No: 22 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! statements describes F&nternational entrepreneurshipG3 $ >t is the process o% an entrepreneur conductin/ 5usiness acti.ities across nationa# 5oundaries pa/e22 ) &t is the process o- an entrepreneur conductin! business activities 'ithin the national boundaries ) &t is an innovative corporate mana!ement style that encoura!es employees 'ithin an or!aniEation to create ne' product ideas ) &t is a business structure in 'hich an individual and his company are considered a sin!le entity -or ta9 and liability purposes Question No: 2+ Marks: 1 ! " P#ease choose one Which o- the -ollo'in! best describes the term Findirect e9portin!G3 ) &t re-ers to sellin! !oods made in one country to another country ) &t re-ers to buyin! and sellin! o- commodities ) &t re-ers to a commercial activity o- buyin! and brin!in! in !oods -rom a -orei!n country ) &t re-ers to sellin! !oods to another country throu!h a person in the entrepreneurs home country Question No: 2Marks: 1 ! " P#ease choose one &denti-y the term 'hich best describes the term Fmana!ement contractsG3 ) &t re-ers to sellin! !oods made in one country to another country ) &t re-ers to buyin! and sellin! o- commodities ) &t is a commercial activity o- buyin! and brin!in! in !oods -rom a -orei!n country $ >t is method o% doin/ speci%ic internationa# task Pa/e++ Question No: 20 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! best de-ines Fminority interestG3 $ >t re%ers to ha.in/ #ess than 00 percent ownership position Pa/e++ ) &t re-ers to -ormin! a third company by combinin! t'o companies ) &t re-ers to havin! more than B7 percent o'nership position Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
) &t re-ers to sellin! !oods made in one country to another country Question No: 26 Marks: 1 ! " P#ease choose one &n 'hich o- the -ollo'in! centuries the people o- #alaysia peninsula 'ere converted -rom &slam3 ) 64th century $ 10th centur* ) 6@th century ) 61th century '''.vuas$ari.com Question No: 22 Marks: 1 ! " P#ease choose one &denti-y the statement 'hich best de-ines Freverse brainstormin!G. ) &t re-ers to !roups o- individuals providin! in a structured -ormat $ >t re%ers to a /roup method %or o5tainin/ new ideas %ocusin/ on the ne/ati.e ) &t re-ers to a method -or individuals to solve problems throu!h one o- -our mechanisms ) &t re-ers to a method -or developin! ne' ideas 'hen the individuals are una'are o- the problem Question No: 23 Marks: 1 ! " P#ease choose one &denti-y the statement 'hich best de-ines Fchec$list methodG $ >t re%ers to de.e#opin/ a new idea throu/h a #ist o% re#ated issues ) &t re-ers to a !roup method -or obtainin! ne' ideas -ocusin! on the ne!ative ) &t re-ers to a method -or individuals to solve problems throu!h one o- -our mechanisms ) &t re-ers to a method -or developin! ne' ideas 'hen the individuals are una'are o- the problem Question No: 26 Marks: 1 ! " P#ease choose one Which one o- the -ollo'in! is a method -or obtainin! ne' ideas and solutions by -ocusin! on problems3 ) Pro5#em in.entor* ana#*sis Pa/e+2 ) ,ordon method ) 5hec$list method ) cienti-ic method Question No: +0 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! statements best de-ines F-orced relationshipG3 ) &t re-ers to developin! a ne' idea throu!h a chain o- 'ord associations $ >t re%ers to de.e#opin/ a new idea 5* #ookin/ at product com5inations Pa/e+3 ) &t re-ers to developin! a ne' idea throu!h inCuiry and testin! Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
) &t re-ers to developin! a ne' idea by evaluatin! the 'orth o- aspects o- ideas Question No: +1 Marks: 1 ! " P#ease choose one :o' many ma%or sta!es o- Fproduct plannin! and development processG are there3 ) +our ) ;i.e Pa/e-1 ) i9 ) even Question No: +2 Marks: 1 ! " P#ease choose one Which o- the -ollo'in! denote no relationship bet'een the mar$ and the !oods or services3 $ (oined marks Pa/e-0 ) Arbitrary mar$s ) u!!estive mar$s ) 2escriptive mar$s Question No: ++ Marks: 1 ! A desi!n patent has a term o-( ) 07 years $ 1- *ears Pa/e-+ ) 67 years ) 47 years Question No: +Marks: 1 ! " P#ease choose one Lenders -ocus on -our 5s o- credit. &denti-y 'hich o- the -ollo'in! is NOT included in those -our 5s. ) 5haracter ) 5ash -lo' ) 5ollateral ) 5ode o- ethics Question No: +0 Marks: + ! *rie-ly discuss licensin! and its bene-its. '''.vuas$ari.com Question No: +6 Marks: 0 ! What is a business plan and 'hat purpose does it serve3 Question No: +2 Marks: 0 ! " P#ease choose one
2iscuss the role o- Fe9port mana!ement -irmG in indirect e9portin!. MIDTERM EXAMINATION Spring 2009 MGT602- Entrepreneurship (Session - !
Ti"e# 60 "in M$r%s# &0 'uestion No# ( ( M$r%s# ( ! - )*e$se +hoose one Which of the following has not yet been empirically established as a distinguishing characteristic of entrepreneurs? Locus of control Feeling about independence Need for achievement Ris% t$%ing 'uestion No# 2 ( M$r%s# ( ! - )*e$se +hoose one The level at which an individual is viewed by society is called: Financial status ualification So+i$* st$tus !chievement 'uestion No# , ( M$r%s# ( ! - )*e$se +hoose one Which one of the following is a business arrangement in which someone else is allowed to use something of the company? "atent Trade mar# $opy right -i+ensing 'uestion No# ( M$r%s# ( ! - )*e$se +hoose one Which of the following method entrepreneur can use to do international business with least ris#? Turn%e. pro/e+ts %oint venture &erger 'ynergy 'uestion No# & ( M$r%s# ( ! - )*e$se +hoose one ! company dealing in beer has a merger with cigarettes manufacturing firm. This merger is called: Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
(ori)ontal merger )ro0u+t e1tension "erger &ar#et e*tension merger +ertical merger
http:,,groups.google.com,group,vu-as#ari?hl.en
'uestion No# 6 ( M$r%s# ( ! - )*e$se +hoose one Which one of the following is an important source of idea generation due to their familiarity with the needs of mar#et? /*isting products and services Distri2ution +h$nne*s Federal government $onsumers
'uestion No# 3 ( M$r%s# ( ! - )*e$se +hoose one &embers of distribution channels are e*cellent sources for new ideas because: The. $re 4$"i*i$r 5ith the nee0s o4 the "$r%et They earn a handsome profit from new business They do not bother if entrepreneur bears a loss They have well-developed sales force 'uestion No# 6 ( M$r%s# ( ! - )*e$se +hoose one Which one of the following is the most important characteristic of a successful business websit? Spee0 0nnovation 1raphics "roducts 'uestion No# 9 ( M$r%s# ( ! - )*e$se +hoose one Which one of the following is the ne*t stage to the $oncept 'tage of "roduct "lanning and 2evelopment "rocess? 0dea 'tage "roduct "lanning 'tage )ro0u+t De7e*op"ent St$ge Test &ar#eting 'tage
'uestion No# (0 ( M$r%s# ( ! - )*e$se +hoose one !ccording to the governing bodies of common laws3 the life of trade secret is: 45 years 46 years 57 years As *ong $s it re"$ins +on4i0enti$* 'uestion No# (( ( M$r%s# ( ! - )*e$se +hoose one '8! stands for:
'mall business accountants S"$** 2usiness $0"inistr$tion 'mall business ade9uacy 'mall business advisors 'uestion No# (2 ( M$r%s# ( ! - )*e$se +hoose one Why should an entrepreneur do a feasibility study for starting a new venture? To see if there are possible barriers to success To identify possible sources of funds To estimate the e*pected sales To e*plore potential customers
'uestion No# (, ( M$r%s# ( ! - )*e$se +hoose one 0nformation regarding all of the following is related to operations3 /:$/"T: -o+$tion "romotion ;aw materials Labor s#ills 'uestion No# ( ( M$r%s# ( ! - )*e$se +hoose one Which one of the following guide the firm through the long term decision ma#ing? &ission statement "roduct forecast 0ndustry analysis None of the given options 'uestion No# (& ( M$r%s# ( ! - )*e$se +hoose one Which of the following is included in the description of the business? Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
Location "roducts offered (istory A** o4 the gi7en options 'uestion No# (6 ( M$r%s# ( ! - )*e$se +hoose one For which of the following copy right ac9uisition is desirable? 'ongs "oems &odels A** o4 the gi7en options 'uestion No# (3 ( M$r%s# ( ! - )*e$se +hoose one Which of the following is T;</ for 2isclosure 2ocument? 0t gives recognition that he was the inventor of the idea in past 0t gives recognition that he is the first the inventor of the idea 0t gives recognition that he will be the invent an idea in future 0t gives recognition that he wants to copy the idea
'uestion No# (6 ( M$r%s# ( ! - )*e$se +hoose one Which of the following is aidea generation method that focuses on parameters?
8rainstorming ;everse brainstorming 8re$ti7e pro2*e" so*7ing 'ynectics 'uestion No# (9 ( M$r%s# ( ! - )*e$se +hoose one The transitional disturbance and lac# of reform has led to a booming blac# mar#et in: $hina (ungary 'ingapore "oland 'uestion No# 20 ( M$r%s# ( ! - )*e$se +hoose one Which of the following geographical area is of least interest to <.' entrepreneurs? /urope The Far /ast $entral !sia Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
Transition economies 'uestion No# 2( ( M$r%s# ( ! - )*e$se +hoose one Which one of the following gives suggestions for new product and also help to mar#et new products? /*isting products and services Distri2ution +h$nne*s Federal government $onsumers 'uestion No# 22 ( M$r%s# ( ! - )*e$se +hoose one Which of the following is used by entrepreneurs to ac9uire e*perience in an international mar#et before ma#ing a ma=or commitment? &erger %oint venture &inority interest &a=ority interest 'uestion No# 2, ( M$r%s# ( ! - )*e$se +hoose one 1!TT is established in 4>?63 under: 1erman leadership French leadership <.'. leadership <.@. leadership 'uestion No# 2 ( M$r%s# ( ! - )*e$se +hoose one The entrepreneur was distinguished from capital provider in: &iddle ages (6th +entur. 46th century 4>th and 57th century 'uestion No# 2& ( M$r%s# ( ! - )*e$se +hoose one ! person who managed large pro=ect was termed as the entrepreneur in the AAAAAAAAA.
/arliest period Mi00*e $ges 46th century 4>th and 57th century 'uestion No# 26 ( M$r%s# ( ! - )*e$se +hoose one Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
Which of the following factor is most important in forming a new business? 9in$n+e &ar#eting 1overnment support Family support 'uestion No# 23 ( M$r%s# ( ! - )*e$se +hoose one What is the process by which individuals pursue opportunities without regard to resources they currently control? 'tartup management Entrepreneurship Financial analysis Feasibility planning 'uestion No# 26 ( M$r%s# ( ! - )*e$se +hoose one Which one of the following is the process of entrepreneurs developing new products that over time ma#e current products obsolete? New business model !natomi)ation 8re$ti7e 0estru+tion None of the given options 'uestion No# 29 ( M$r%s# ( ! - )*e$se +hoose one Which of the following shows the process of creating something new? 8usiness model &odeling Inno7$tion $reative fle*ibility 'uestion No# ,0 ( M$r%s# ( ! - )*e$se +hoose one Which of the following factors is the most important in forcing <.' companies to focus on new product development and increased productivity? Entrepreneurship (yper competition 1overnmental laws Brgani)ational culture 'uestion No# ,( ( M$r%s# ( ! - )*e$se +hoose one 0n the administrative domain3 the commitment of resources is for which of the following? "eriodic intervals Total amount needed Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
For certain tas#s For long time

'uestion No# ,2 ( M$r%s# ( ! - )*e$se +hoose one Which of the following is alternatively called corporate venturing? /ntrepreneurship Intr$preneurship !ct of stating a new venture Bffering new products by an e*isting company 'uestion No# ,, ( M$r%s# ( ! - )*e$se +hoose one Which is the most common cause of business failure? 0nsufficient capital <nstable mar#et 0nsufficient e*perience "oor entrepreneurship 'uestion No# , ( M$r%s# ( ! - )*e$se +hoose one Which of the following areas are preferred by women entrepreneurs? A0"inistr$tion <tilities &anufacturing None of the above 'uestion No# ,& ( M$r%s# ( ! - )*e$se +hoose one 2egree of influence and control on other people is called: -o+us o4 +ontro* Locomotion of control Locust of control Loss of control 'uestion No# ,6 ( M$r%s# ( ! - )*e$se +hoose one 0ndividuals influencing an entrepreneurCs career choice and style are #nown as which of the following? Ro*e "o0e* &oral-support networ# "rofessional support networ# 'upport system 'uestion No# ,3 ( M$r%s# ( ! - )*e$se +hoose one The activity which occurs when the new venture is started is called: Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
&otivation 8usiness s#ills Dep$rture point 1oal orientation MIDTERM EXAMINATION 9$** 2009 MGT602- Entrepreneurship 'uestion No# ( ( M$r%s# ( ! - )*e$se +hoose one 8eing oneCs own boss is a need of: In0epen0en+e !chievement !ffiliation !uthority 'uestion No# 2 ( M$r%s# ( ! - )*e$se +hoose one With a commercial history of only D77 years3 which country was a new comer to the international arena? %apan <.' 8hin$ <.@ 'uestion No# , ( M$r%s# ( ! - )*e$se +hoose one
Which of the following is a obstacle to going in international business?
&ergers Tr$0e 2$rriers ;ivalry "rotectionist attitudes 'uestion No# ( M$r%s# ( ! - )*e$se +hoose one Which one of the following is an important source of idea generation due to their familiarity with the needs of mar#et? /*isting products and services Distri2ution +h$nne*s Federal government Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
$onsumers 'uestion No# & ( M$r%s# ( ! - )*e$se +hoose one Which of the followings is NBT followed in brainstorming? 8riti+is" is 0one 2. the group "e"2ers The wilder idea is better uantity of ideas is re9uired The session should be fun3 with no on dominating the discussion 'uestion No# 6 ( M$r%s# ( ! - )*e$se +hoose one !,an AAAAAA is an online connection between the company and its customers. 0nternet advertising :e2site /-$ommerce World Wide Web 'uestion No# 3 ( M$r%s# ( ! - )*e$se +hoose one Which one of the following is the ne*t stage to the $oncept 'tage of "roduct "lanning and 2evelopment "rocess? 0dea 'tage "roduct "lanning 'tage )ro0u+t De7e*op"ent St$ge Test &ar#eting 'tage 'uestion No# 6 ( M$r%s# ( ! - )*e$se +hoose one !ll of the following are essentials to maintain secrecy3 /:$/"T: Train employees to refer sensitive 9uestions to one person Dis+uss 2usiness in pu2*i+ p*$+es "rovide escorts for all office visitors <se simple security such as loc#ed file cabinets 'uestion No# 9 ( M$r%s# ( ! - )*e$se +hoose one Licensing is a significant mar#eting strategy to: ;se inte**e+tu$* propert. o4 others "irate othersC patents 1row the business in new mar#ets $ontrol the costs Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
'uestion No# (0 ( M$r%s# ( ! - )*e$se +hoose one Which one of the following is the main problem for the entrepreneur in the beginning stages of creating a new venture? Lac# of e*perience -i"ite0 resour+es Lac# of education None of the given options 'uestion No# (( ( M$r%s# ( ! - )*e$se +hoose one (ow many perspectives should be considered while preparing business plan? Bne Three Four Not specific 'uestion No# (2 '8! stands for: ( M$r%s# ( ! - )*e$se +hoose one
'mall business accountants 'mall business administration 'mall business ade9uacy S"$** 2usiness $07isors 'uestion No# (, ( M$r%s# ( ! - )*e$se +hoose one Which one of the following is NBT an environmental factor? /conomy $ulture Technology 8o"petition 'uestion No# ( ( M$r%s# ( ! - )*e$se +hoose one Which one of the following guide the firm through the long term decision ma#ing? Mission st$te"ent "roduct forecast 0ndustry analysis None of the given options 'uestion No# (& ( M$r%s# ( ! - )*e$se +hoose one
Which one of the following is NBT included in four $Cs evaluation by lender? $haracter $ost 8ontinuit. $ontribution 'uestion No# (6 ( M$r%s# ( ! - )*e$se +hoose one For which of the following copy right ac9uisition is desirable? 'ongs "oems &odels A** o4 the gi7en options 'uestion No# (3 ( M$r%s# ( ! ! utility patent has a term of: 47 years ?7 years 20 .e$rs E7 years 'uestion No# (6 ( M$r%s# ( ! - )*e$se +hoose one Which of the following body issues patents? 1!TT N!FT! FT! )TO 'uestion No# (9 ( M$r%s# ( ! - )*e$se +hoose one Which of the following is a idea generation method that focuses on parameters? 8rainstorming ;everse brainstorming 8re$ti7e pro2*e" so*7ing 'ynectics 'uestion No# 20 ( M$r%s# ( ! - )*e$se +hoose one 2eveloping a new idea through in9uiry and testing is called: Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute - )*e$se +hoose one
(euristics Forced relationship S+ienti4i+ "etho0 +alue analysis 'uestion No# 2( ( M$r%s# ( ! Trade barriers cause: In+re$se in +ost 2ecrease in cost 0ncrease in profit None of the given options 'uestion No# 22 ( M$r%s# ( ! - )*e$se +hoose one (aving less than F7 percent of e9uity share in an international venture is called: Minorit. interest %oint venture &a=ority interest /*porting 'uestion No# 2, ( M$r%s# ( ! - )*e$se +hoose one (aving more than F7G ownership position that provides the entrepreneur with managerial control is called: %oint venture M$/orit. interest (ori)ontal merger 2iversified activity merger 'uestion No# 2 ( M$r%s# ( ! - )*e$se +hoose one Which of the following is a method of selling goods to another country by ta#ing care of transactions? 0ndirect e*porting Dire+t e1porting 0mporting &anagement contract 'uestion No# 2& ( M$r%s# ( ! - )*e$se +hoose one Which of the following two wor# environments should be good for spawning the new enterprises? Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute - )*e$se +hoose one
9in$n+e $n0 "$r%eting Finance and ;H2 &ar#eting and ;H2 &ar#eting and 0T 'uestion No# 26 ( M$r%s# ( ! 1a)elles are the firms with: <igh gro5th r$te &oderate growth rate Iero growth rate Low growth rate 'uestion No# 23 ( M$r%s# ( ! - )*e$se +hoose one Which of the following are the Fast-growth young companies? 1a)elles Life style 9oun0$tion 8o"p$n. None of the given options 'uestion No# 26 ( M$r%s# ( ! - )*e$se +hoose one Which one of the following is used to identify opportunity? 0nput from customers 0nput from channel members 0nput from business associates A** o4 the gi7en options 'uestion No# 29 ( M$r%s# ( ! - )*e$se +hoose one 0n some countries3 point of purchase displays are not allowed in retail stores. 'uch differences are studied by international entrepreneurs under which of the following type of environment? /conomic "olitical $ultural Te+hno*ogi+$* 'uestion No# ,0 ( M$r%s# ( ! - )*e$se +hoose one Which of the following factor has allowed small companies to act li#e they are big ones? Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute - )*e$se +hoose one
Te+hno*og. $ustomers /conomic development $ompetition 'uestion No# ,( ( M$r%s# ( ! - )*e$se +hoose one Which of the following is alternatively called corporate venturing? Entrepreneurship 0ntrapreneurship !ct of stating a new venture Bffering new products by an e*isting company 'uestion No# ,2 ( M$r%s# ( ! - )*e$se +hoose one
Which one of the following is not the intrapreneurial leadership characteristic?
<nderstands environment /ncourage the team wor# Not 4*e1i2*e "ersistent 'uestion No# ,, ( M$r%s# ( ! - )*e$se +hoose one Which of the following system is necessary for e*pansion or elimination of intrapreneurial units? M$n$ge"ent /valuation ;eward Training 'uestion No# , ( M$r%s# ( ! - )*e$se +hoose one Which of the following typical culture has a climate and reward system that favors conservative decision ma#ing? /ntrepreneurial 0ntrapreneurial 8orpor$te None of the given options Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
'uestion No# ,& ( M$r%s# ( ! - )*e$se +hoose one Which of the following ma#es the formation of new venture difficult within a corporate culture? Lac# of intrapreneurial talent Lac# of freedom to ma#e autonomous decisions Lac# of mar#et opportunity A** o4 the gi7en options 'uestion No# ,6 ( M$r%s# ( ! - )*e$se +hoose one Which of the following are #nown as barriers to new product creation and development? Trial and error Opportunit. p$r$"eters Bpportunity cost 0ntrapreneurship culture 'uestion No# ,3 ( M$r%s# ( ! - )*e$se +hoose one Which of the following factor does not affect a person for being an entrepreneur? Family bac#ground /ducation "ersonal values Gen0er 'uestion No# ,6 ( M$r%s# ( ! - )*e$se +hoose one 2egree of influence and control on other people is called: -o+us o4 +ontro* Locomotion of control Locust of control Loss of control 'uestion No# ,9 ( M$r%s# ( ! - )*e$se +hoose one Which of the following plan describes mar#et conditions and strategy related to products? "roduction plan Bperational plan Financial plan Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
M$r%eting p*$n 'uestion No# 0 ( M$r%s# ( ! - )*e$se +hoose one 0ndividuals who give psychological support to an entrepreneur are called: ;ole models Mor$* support net5or%s "rofessional support networ#s 0nformal networ#s 'uestion No# ( ( M$r%s# (0 ! 0n the given situations what types of merger is suitable for each situation and why? J &c2onaldCs with @F$ J Bne steel mill with another steel mill J !8N !&;B with ;oyal ban# of 'cotland J 'teel mill with a fertili)er producing firm J !n oil coo#ing producing company with 2esi 1hee producing company Ans5er# M+Don$*0=s 5ith >98# The merger in this case will be a hori?ont$* "erger because they both produce related products3 which is the condition of hori)ontal merger. One Stee* Mi** 5ith other Stee* Mi**# The two steel mills will "erge hori?ont$**.because both the mills are producing similar product. A@N AMRO 5ith Ro.$* @$n% o4 S+ot*$n0# 8oth the ban#s will "erge hori?ont$**.because both are providing similar type of services. Stee* "i** 5ith $ 4erti*i?er pro0u+ing 4ir"# 'ince both the firms are noninterrelated so this merger will be a 0i7ersi4ie0 "ergerA An oi* +oo%ing pro0u+ing +o"p$n. 5ith Desi Ghee pro0u+ing +o"p$n.# The merger in this situation will be a pro0u+tion "erger because production of both products is related but the products themselves are not competing.
M>4T&9M &'<M>N<T>1N )prin/ 2006 MGT602" &ntrepreneurship )ession " +! Juestion No( 6 K #ar$s( 6 L D /lease choose one The level at 'hich an individual is vie'ed by society is called( ) +inancial status ) Juali-ication $ )ocia# status ) Achievement
The #e.e# at which an indi.idua# in .iewed 5* societ*!pa/e20
Juestion No( 0 K #ar$s( 6 L D /lease choose one &ndividuals 'ho help the entrepreneur in business activities are called( ) Role models ) #oral support net'or$s $ Pro%essiona# support networks pa/e20! ) *usiness support net'or$s 9e% >ndi.idua#s who he#p the entrepreneur in 5usiness acti.ities is ca##ed Pro%essiona# support networks! Juestion No( A K #ar$s( 6 L D /lease choose one +ollo'in! are the problems in developin! the economies EH5E/T( ) ,ap o- $no'led!e ) .ariable rate o- return $ )ame communication st*#e pa/e26! ) 2i--erent accountin! system 9e% di%%icu#ties in doin/ 5usiness in de.e#opin/ and transition economies due to:
a. Gaps in the know#ed/e o% the ,estern s*stem re/ardin/ 5usiness p#ansE marketin/E
and pro%its
5. ,ide#* .aria5#e rates o% return. c. Non"con.erti5i#it* o% the ru5#e. d. 4i%%erences in the accountin/ s*stem. e. Ni/htmarish communications
Juestion No( 4 K #ar$s( 6 L D /lease choose one Which one o- the -ollo'in! is a business arran!ement in 'hich someone else is allo'ed to use somethin! o- the company3 ) /atent ) Trade mar$ Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
) 5opy ri!ht $ Cicensin/ pa/e+-! 9e% Cicensin/

<##owin/ someone e#se to use somethin/ o% the compan*Fs
Juestion No( B K #ar$s( 6 L D /lease choose one Which o- the -ollo'in! method entrepreneur can use to do international business 'ith least ris$3 $ Turnke* proBects not con%! ) Joint venture ) #er!er ) yner!y Juestion No( @ K #ar$s( 6 L D /lease choose one 5ombination o- at least t'o -irms at di--erent mar$et levels is called( ) Joint venture ) yner!y ) :oriEontal mer!er $ Gertica# mer/er pa/e+6!
mar$et 9e% Gertica# mer/er (om5ination o% at #east two %irms at di%%erent #e.e#s
Juestion No( 1 K #ar$s( 6 L D /lease choose one A patent is !ranted -or a speci-ied amount o- time because o- the assumption( ) That durin! this time -irm 'ill cover its development costs $ That %irm wi## earn a su%%icient pro%it durin/ this period ) To limit the monopoly o- the -irm ) That it 'ill stimulate idea and development o- a better product Juestion No( 8 K #ar$s( 6 L D /lease choose one A>an ?????? is an online connection bet'een the company and its customers. ) &nternet advertisin! $ ,e5site --! ) ED5ommerce $ World Wide Web 9e% < we5site is an on#ine connection 5etween the compan* and its customers and can 5e
de.e#oped in"house or outsourced. There are se.era# important %eatures o% e.er* we5site.
Juestion No( ; K #ar$s( 6 L D /lease choose one Which one o- the -ollo'in! is the ne9t sta!e to the 5oncept ta!e o- /roduct /lannin! and 2evelopment /rocess3 Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
) &dea ta!e ) /roduct /lannin! ta!e $ Product 4e.e#opment )ta/e ) Test #ar$etin! ta!e Juestion No( 67 K #ar$s( 6 L D /lease choose one Which o- the -ollo'in!s !ive the o'ners a ne!ative ri!ht" preventin! anyone -rom ma$in!" usin!" or sellin! the invention3 ) /atent $ (op*ri/ht N1T (1N! ) Trade mar$ ) Trade secret Juestion No( 66 K #ar$s( 6 L D /lease choose one Which one o- the -ollo'in! is a lon!est lastin! trade a!reement 'ith the ob%ective oliberaliEin! trade by eliminatin! or reducin! tari--s" subsidies and Cuotas3 ) +ree trade area N +TA ) European community N E5 $ Genera# a/reement on tari%%s and trade D G<TT dou5ted! ) The North American -ree trade a!reement N NA+TA Juestion No( 60 K #ar$s( 6 L D /lease choose one Which o- the -ollo'in! !rants protection to o'ner -rom anyone else ma$in!" usin! and sellin! the identi-ied innovation3 $ 7ti#it* patent -2! ) 2esi!n patent ) /lant patent ) &nternational patent Juestion No( 6A K #ar$s( 6 L D /lease choose one Which one o- the -ollo'in!s statements is NOT true about trademar$s3 ) The entrepreneur can not -ile a-ter the mar$ already been in use ) A trademar$ could be a slo!an or a particular sound ) ome trademar$s have no relationship 'ith the product $ The %i#in/ date %or the trademark 5ecomes the %irst date use o% the mark -6!
T9<4&M<9H) A trademark may be a 'ord" symbol" desi!n" or some combination that identi-ies the source ocertain !oods. A trademark can last inde-initely" as lon! as it continues to per-orm its indicated -unction. The trademar$ is !iven a 07Dyear re!istration 'ith 07Dyear rene'able terms. &n the -i-th
to si9th year" you must -ile an a--idavit 'ith the /TO indicatin! that the patent is in commercial use. Today the la' allo's -ilin! a trademar$ solely on the intent to use the trademar$ in interstate commerce. There are bene-its to re!isterin! a mar$ that has already been in use. (ate/ories o% trademarks( (oined marks denote no relationship bet'een the mar$ and the !oods and a--ord the possibility o- e9pansion. An ar5itrar* mark is one that has another meanin! in our lan!ua!e. A su//esti.e mark is used to su!!est certain -eatures or characteristics o- a product or service. A descripti.e mark must have become distinctive and !ained reco!nition be-ore it can be re!istered. Re!isterin! a trademar$ can o--er si!ni-icant advanta!es to the entrepreneur.
Juestion No( 64 K #ar$s( 6 L D /lease choose one Accordin! to the !overnin! bodies o- common la's" the li-e o- trade secret is( ) 60 years ) 61 years ) 07 years $ <s #on/ as it remains con%identia# 00!
To maintain secrecy 6. Train employees to re-er sensitive Cuestions to one person. 0. /rovide escorts -or all o--ice visitors. A. Avoid discussin! business in public places. 4. 5ontrol in-ormation that mi!ht be presented by employees at con-erences or in %ournals. B. <se simple security such as loc$ed -ile cabinets and shredders. @. :ave employees and consultants si!n nonDdisclosure a!reements. 1. 2ebrie- departin! employees. 8. Avoid -a9in! any sensitive in-ormation. ;. #ar$ documents Ocon-identialO that need to be. 67. /rotection a!ainst the lea$in! o- trade secrets is di--icult to en-orce" and le!al action can be ta$en only a-ter the secret has been revealed.
Juestion No( 6B K #ar$s( 6 L D /lease choose one Which one o- the -ollo'in! is the main problem -or the entrepreneur in the be!innin! sta!es o- creatin! a ne' venture3 ) Lac$ o- e9perience $ Cimited resources ) Lac$ o- education ) None o- the !iven options Juestion No( 6@ K #ar$s( 6 L D /lease choose one Which one o- the -ollo'in! protects continuity o- the businessKspecially in partnershipL3 ) /roperty insurance ) 5asualty insurance $ Ci%e insurance ) *ondin! Juestion No( 61 K #ar$s( 6 L D /lease choose one A le!ally bindin! a!reement bet'een t'o parties is called( $ < contract Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
) Licensin! ) &nsurance ) A copyri!ht Juestion No( 68 K #ar$s( 6 L D /lease choose one &n-ormation re!ardin! all o- the -ollo'in! is related to operations" EH5E/T( ) Cocation ) /romotion ) Ra' materials ) Labor s$ills Juestion No( 6; K #ar$s( 6 L D /lease choose one Which o- the -ollo'in! is NOT studied in industry analysis3 ) Economic conditions ) Technolo!y advancements $ 1r/anizationa# cu#ture ) Le!al concerns Juestion No( 07 K #ar$s( 6 L D /lease choose one Which one o- the -actors should be considered 'hile assessin! the location -or business3 ) /ar$in! ) Access -rom road'ays to -acility ) 2elivery rates ) <## o% the /i.en options dou5ted! Juestion No( 06 K #ar$s( 6 L D /lease choose one Which one o- the -ollo'in! is NOT included in -our 5s evaluation by lender3 ) 5haracter ) 5ost ) (ontinuit* ) 5ontribution Juestion No( 00 K #ar$s( 6 L D /lease choose one Which o- the -ollo'in! is a characteristic o- a !ood partner3 ) :elp to achieve !oals ) hare entrepreneurs vision Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
) 2o not e9ploit the partnership ) <## o% the /i.en options Juestion No( 0A K #ar$s( 6 L D /lease choose one :avin! more than B7P o'nership position that provides the entrepreneur 'ith mana!erial control is called( ) Joint venture ) MaBorit* interest ++! ) :oriEontal mer!er ) 2iversi-ied activity mer!er
technical sense anythin! over B7P o- the eCuity o- the -irm is ma%ority interest MaBorit* interest Another eCuity method is to purchase a maBorit* interest in a -orei!n business. The ma%ority interest allo's the entrepreneur to obtain mana!erial control 'hile maintainin! the companys local identity. &n
Juestion No( 04 K #ar$s( 6 L D /lease choose one Which one o- the -ollo'in! is a sound strate!ic option -or an entrepreneur 'hen syner!y is present3 ) #er!erKri!ht ans pa!e A4L ) Ioint .enture ) #inority interest ) #a%ority interest
#er!ers are a sound strate!ic option -or an entrepreneur 'hen syner!y is present.
Juestion No( 0B K #ar$s( 6 L D /lease choose one Which o- the -ollo'in! is a method o- sellin! !oods to another country by ta$in! care otransactions3 ) &ndirect e9portin! ) 4irect e:portin/ not con! ) &mportin! ) #ana!ement contract Juestion No( 0@ K #ar$s( 6 L D /lease choose one +ollo'in! are the types o- nonDeCuity arran!ements EH5E/T( ) Licensin! Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
) #ana!ement contracts ) 4irect e:port +1! ) Turn$ey pro%ects

Non eJuit* arran/ements Cicensin/E Turn"ke* proBectsE Mana/ement contracts
Juestion No( 01 K #ar$s( 6 L D /lease choose one Andre' 5arne!ie is an e9ample o- entrepreneur o- 'hich century( ) Earliest period ) 16th and 20th centur* pa/e0+! ) #iddle a!es ) 61th century
16th and 20th (enturies &n the late 6;th and early 07th centuries" entrepreneurs 'ere vie'ed mostly -rom an economic perspective. The entrepreneur Ocontributes his o'n initiative" s$ill and in!enuity in plannin!" or!aniEin! and administerin! the enterprise" assumin! the chance o- loss and !ain.O Andre' 5arne!ie is one o- the best e9amples o- this de-inition" buildin! the American steel industry on o- the 'onders o- industrial 'orld" primarily throu!h his competitiveness rather than creativity. &n the middle o- the 07th century" the notion o- an entrepreneur as an inno.ator was established
Juestion No( 08 K #ar$s( 6 L D /lease choose one A person 'ho mana!ed lar!e pro%ect 'as termed as the entrepreneur in the ?????????. ) Earliest period ) Midd#e a/es 0+! ) 61th century ) 6;th and 07th century
Midd#e </es &n this a!e the term entrepreneur 'as used to describe both an actor and a person 'ho mana!ed lar!e production pro%ects. &n such lar!e production pro%ects" this person did not ta$e any ris$s" mana!in! the pro%ect 'ith the resources provided. A typical entrepreneur 'as the cleric 'ho mana!ed architectural pro%ects.
Juestion No( 0; K #ar$s( 6 L D /lease choose one &n some countries" point o- purchase displays are not allo'ed in retail stores. uch di--erences are studied by international entrepreneurs under ??????????. ) Economic Environment ) /olitical Environment ) (u#tura# &n.ironment not con! ) Technolo!ical Environment Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
Juestion No( A7 K #ar$s( 6 L D /lease choose one Which o- the -ollo'in! -actor is most important in -ormin! a ne' business3 ) ;inance dou5ted! ) #ar$etin! ) ,overnment support ) +amily support Juestion No( A6 K #ar$s( 6 L D /lease choose one #ost o- the -inance -or the ne' -irm comes -rom -ollo'in! resources EH5E/T( ) +riends ) ;orei/n aid ) Relatives ) /ersonal savin!s Juestion No( A0 K #ar$s( 6 L D /lease choose one Which one o- the -ollo'in! is the process o- entrepreneurs developin! ne' products that over time ma$e current products obsolete3 ) Ne' business model ) AnatomiEation ) (reati.e destruction ) None o- the !iven options Juestion No( AA K #ar$s( 6 L D /lease choose one The intersection o- $no'led!e and a reco!niEed social need to start a product development process is called 'hich o- the -ollo'in!3 ) >terati.e s*nthesis 02! ) /roductDevolution process ) Ordinary innovation ) ituation analysis
>terati.e s*nthesis The intersection o- $no'led!e and social need that starts the product development process
Juestion No( A4 K #ar$s( 6 L D /lease choose one A -oundation company is -ormed throu!h 'hich o- the -ollo'in!3 ) +ashion ) #ost popular business ) A 'indin! up company ) 9esearch and de.e#opment 03!
;oundation (ompanies A type o- company -ormed -rom research and development that usually does not !o public. This -irm can !ro' in -ive to ten years -rom 47 to 477 employees.
Juestion No( AB K #ar$s( 6 L D /lease choose one Which o- the -ollo'in! -actors is the most important in -orcin! <. companies to -ocus on ne' product development and increased productivity3 ) &ntrepreneurship ) :yper competitionK6@L ) ,overnmental la's ) Or!aniEational culture
There are social" cultural" and business pressures -or Entrepreneurship. :yper competition has -orced <. . companies to -ocus on ne' product development and increased productivity
Juestion No( A@ K #ar$s( 6 L D /lease choose one Which o- the -ollo'in! is reCuired -or a company that 'ants to be more -le9ible in adoptin! chan!es3 $ Mana/ement commitment nt con! ) 5ontact 'ith customers ) Technolo!y ) #ore productivity Juestion No( A1 K #ar$s( 6 L D /lease choose one Which o- the -ollo'in! areas are pre-erred by 'omen entrepreneurs3 $ <dministration ) <tilities ) #anu-acturin! ) None o- the above Juestion No( A8 K #ar$s( 6 L D /lease choose one &ndividuals in-luencin! an entrepreneurs career choice and style are $no'n as 'hich othe -ollo'in!3 ) 9o#e mode# 20! ) #oralDsupport net'or$ ) /ro-essional support net'or$ ) upport system
9o#e mode#s &ndividuals in-luencin! an entrepreneurs career choice and style )ocia# status
Juestion No( A; K #ar$s( 6 L D /lease choose one An entrepreneur is also success-ul in international business as 'ell i- he understands( Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
$ 4i%%erence o% domestic and internationa# 5usiness ) 2omestic business ) &nternational business ) None o- the !iven options Juestion No( 47 K #ar$s( 6 L D /lease choose one Which o- the -ollo'in! is NOT an important aspect o- international success3 ) /lannin! ) 2iversi-ication ) Reportin! ) 5ontrol
9INA-TERM EXAMINATION Spring 2009 MGT602- Entrepreneurship (Session - ,!
'uestion No# ( ( M$r%s# ( ! - )*e$se +hoose one !n ice cream producing company merges with a cotton spinning company this merger is an e*ample of:
Di7ersi4ie0 $+ti7it. "erger "roduct e*tension merger &ar#et e*tension merger +ertical merger 0t is the merger of two unrelated firms."age no.D7 'uestion No# 2 ( M$r%s# ( ! - )*e$se +hoose one ! company dealing in beer has a merger with cigarettes manufacturing firm. This merger is called: (ori)ontal merger )ro0u+t e1tension "erger Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
&ar#et e*tension merger +ertical merger 'uestion No# , ( M$r%s# ( ! - )*e$se +hoose one $ombination of at least two firms at different mar#et levels is called: %oint venture 'ynergy (ori)ontal merger Berti+$* "erger 'uestion No# ( M$r%s# ( ! - )*e$se +hoose one ! patent is granted for a specified amount of time because of the assumption: That during this time firm will cover its development costs That firm will earn a sufficient profit during this period To limit the monopoly of the firm Th$t it 5i** sti"u*$te i0e$ $n0 0e7e*op"ent o4 $ 2etter pro0u+t 'uestion No# & ( M$r%s# ( ! - )*e$se +hoose one Which of the following is T;</ for 2isclosure 2ocument? 0t gives recognition that he was the inventor of the idea in past 0t gives recognition that he is the first the inventor of the idea 0t gives recognition that he will be the invent an idea in future 0t gives recognition that he wants to copy the idea 'uestion No# 6 ( M$r%s# ( ! - )*e$se +hoose one Which of the following is the most important factor for the entrepreneur3 while starting a new venture3 to ma#e an assessment of business? "rofit Ris% &ar#et $ompetitors 'uestion No# 3 ( M$r%s# ( ! - )*e$se +hoose one Which of the following plan helps an organi)ation to provide the lines of authority? Financial 8usiness Org$ni?$tion$* &ar#eting Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
Re4A )$ge NoA&6 # 0t is helpful to provide an organi)ation chart indicating the line of authority. This chart shows the investor who controls the organi)ation and how members interact 'uestion No# 6 ( M$r%s# ( ! - )*e$se +hoose one The business plan is an integration of functional plans such as: M$r%etingC 4in$n+eC "$nu4$+turingC $n0 hu"$n resour+es &ar#eting3 &anagement3 human resources3 and operations management !dvertisement3 &anagement3 &ar#eting3 and Finance &anufacturing3 (uman resources3 &anagement3 and (uman ;esource 'uestion No# 9 ( M$r%s# ( ! - )*e$se +hoose one Which of the following type of commitment is necessary from the for the satisfaction of 0nvestors? 'easonal 9u** ti"e $onditional 'atisfactory R$tion$*e# 0nvestors will not be positive about a venture that does not have full-time commitment 'uestion No# (0 ( M$r%s# ( ! - )*e$se +hoose one Bn the part of entrepreneur which of the following has, have a great concern to the 0nvestors? $ommitment /*perience @nowledge A** o4 the gi7en options for more contents visit http:,,groups.google.com,group,vuIs 'uestion No# (( ( M$r%s# ( ! - )*e$se +hoose one Which of the following is NOT a characteristic of mar#eting plan? 0t should provide a strategy to accomplish the companyCs mission 0t should provide for the use of e*isting resources 0t should be simple and short It shou*0 2e rigi0 'uestion No# (2 ( M$r%s# ( ! - )*e$se +hoose one Which of the following allows the entrepreneur to establish controls on the process during the implementation of the mar#eting plan? S$*es 0$t$ Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
;esearch data $onsumer data Technical data 'uestion No# (, ( M$r%s# ( ! - )*e$se +hoose one !dvertising and promotion for the business-to-business mar#et involve all of the following EX8E)T# In0ire+t s$*es Trade maga)ine advertising 2irect sales Trade shows 'uestion No# ( ( M$r%s# ( ! - )*e$se +hoose one 0n which of the following the death of entrepreneur results in the termination of venture? )roprietorship Limited company Limited partnership $orporation 'uestion No# (& ( M$r%s# ( ! - )*e$se +hoose one Which of the following shows the characteristic of the venture that has e*perience in related business? 'trength Wea#ness Bpportunity Threat 'uestion No# (6 ( M$r%s# ( ! - )*e$se +hoose one 0n which of the following3 ban#s are usually reluctant to give loan? So*e )roprietor "ublic Limited $ompanies "artnership firm "rivate Limited $ompanies 'uestion No# (3 ( M$r%s# ( ! - )*e$se +hoose one 0n <'! "ublic Limited $ompanies may have AAAAAA 2irector,s 4 2 D Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
? 0 cannot find its e*act answer . 8ut 0 am selecting 5 as there must be minimum 5 directors in public limited company. 'uestion No# (6 ( M$r%s# ( ! - )*e$se +hoose one Which of the following represents the shares in borrowing of Large /nterprises in "a#istan? KEG KFG KKG K6G 'uestion No# (9 ( M$r%s# ( ! - )*e$se +hoose one Which of the following is the most sensitive plan in the business plan? Financial "lan &ar#eting "lan "roduction "lan Bperational "lan 'uestion No# 20 ( M$r%s# ( ! - )*e$se +hoose one Which one of the following provides a guideline in determining hiring procedures? %ob description %ob specification Do2 $n$*.sis %ob evaluation )$ge NoA 3 # The /o2 $n$*.sis serves as a guide in determining hiring procedures and /o2 0es+riptions and specifications. !s the si)e of the venture changes3 the process becomes more comple*. for more contents visit http:,,groups.google.com,group,vuIs 'uestion No# 2( ( M$r%s# ( ! - )*e$se +hoose one Which of the following distributes profits to owners through dividends? Limited "artnership 1eneral "artnership 8orpor$tion 'ole "roprietor 'uestion No# 22 ( M$r%s# ( ! - )*e$se +hoose one
Which of the following helps to prevent lac# of cash? 9in$n+i$* p*$n $ash flow 8usiness plan "ersonal plan 'uestion No# 2, ( M$r%s# ( ! - )*e$se +hoose one Which one of the following an entrepreneur must develop while preparing a pro forma of sales budget? $ash flow statement 8alance sheet In+o"e st$te"ent 'tatement of retained earnings 'uestion No# 2 ( M$r%s# ( ! - )*e$se +hoose one Which of the following statement provides pro=ections of all operating e*penses for each month of the first year? The pro forma balance sheet The pro 4or"$ in+o"e st$te"ent The pro forma cash flow statement The actual balance sheet 'uestion No# 2& ( M$r%s# ( ! - )*e$se +hoose one What is the primary concern of entrepreneurs3 who trade e9uity for their growing venture? $ontrol +aluation 0nvestor capabilities 8$pit$*i?$tion 'uestion No# 26 ( M$r%s# ( ! - )*e$se +hoose one The overall coordinating party in an agreement is: Limited partner &a=or partner &inor partner Gener$* p$rtner (not sure! 'uestion No# 23 ( M$r%s# ( ! - )*e$se +hoose one Which of the following is a formali)ed method for obtaining funds from private investors? "rivate placement )ri7$te o44ering (not sure! Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
;egulation 2 8ootstrap financing 'uestion No# 26 ( M$r%s# ( ! - )*e$se +hoose one When did the 'indh 'mall 0ndustries $orporation launch its credit scheme? 4>65-6D 4>6E-6> (966-69 4>>5->D )$ge noA 9(#The ''0$ also launched a credit scheme in EE3,E>. The rate of mar#up was 6G for industrial estates and 44G for factories outside the industrial estates. 'uestion No# 29 ( M$r%s# ( ! - )*e$se +hoose one Who is usually the best role model for the employees? Line managers $ompetitors Trainer Entrepreneur 'uestion No# ,0 ( M$r%s# ( ! - )*e$se +hoose one What is the percentage of "a#istani entrepreneurs that have college education? D7G 47G K7G ?FG for more contents visit http:,,groups.google.com,group,vuIs 'uestion No# ,( ( M$r%s# ( ! - )*e$se +hoose one &a=or contribution of e*port for "a#istan comes from: Leather goods 'urgical instruments 'ports goods A** o4 the gi7en options 'uestion No# ,2 ( M$r%s# ( ! - )*e$se +hoose one 0n most cases3 the venture capitalist: 'ee#s control of the company Never e*pects a seat on the board of directors E1pe+ts the "$n$ge"ent te$" to run the 0$i*. oper$tions Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
"refers not to interfere in planning and e*pertise areas 'uestion No# ,, ( M$r%s# ( ! - )*e$se +hoose one Which of the follwoing institute started the L&& financing scheme? "'0$ SSI8 '028 028" Re4A )$ge NoA9(# 0n Bctober 4>>53 a self-employment scheme was started for locally manufactured machineryLL&&M. 'uestion No# , ( M$r%s# ( ! - )*e$se +hoose one The decision to start a new business is ta#en when one perceives that forming a new business is: )ossi2*e <ndecisive 0naccurate 2ependable 'uestion No# ,& ( M$r%s# ( ! - )*e$se +hoose one Which one of the following is the first step in the entrepreneurial process? De+i0ing to 2e+o"e $n entrepreneur 1rowing the entrepreneurial firm &oving from an idea to an entrepreneurial firm 2eveloping successful business ideas 'uestion No# ,6 ( M$r%s# ( ! - )*e$se +hoose one Which of the following is a second step in the entrepreneurial process? De7e*oping su++ess4u* 2usiness i0e$s 2eciding to become an entrepreneur 1rowing the entrepreneurial firm &oving from an idea to an entrepreneurial firm ;ef. "age No.4D : ! good 2usiness p*$n must be developed in order to e*ploit the opportunity defined. ! good business plan is important in developing the opportunity and in determining the resources re9uired3 obtaining those resources and successfully managing the venture. 'uestion No# ,3 ( M$r%s# ( ! - )*e$se +hoose one
0n the administrative domain3 the commitment of resources is for which of the following? Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
"eriodic intervals Tot$* $"ount nee0e0 For certain tas#s For long time Re4A )$ge NoA(& # 0n the administrative domain3 the commitment of resources is for the total amount needed.whereas an entrepreneur is used to having resources committed at periodic intervals3 often based on certain tas#s or ob=ectives being reached. 4or "ore +ontents 7isit http:,,groups.google.com,group,vuIs 'uestion No# ,6 ( M$r%s# ( ! - )*e$se +hoose one /ntrepreneurial endeavors consist of all of the following #ey elements E1+ept# New business venturing In+re$sing pro0u+ti7it. 0nnovativeness "roactiveness 'uestion No# ,9 ( M$r%s# ( ! - )*e$se +hoose one 0n terms of chronological age3 most entrepreneurs initiate their entrepreneurial carrier between ages of: 4F and 55 22 $n0 & ?F and F6 F6 and KD 'uestion No# 0 ( M$r%s# ( ! - )*e$se +hoose one !n entrepreneur is also successful in international business as well if he understands: Di44eren+e o4 0o"esti+ $n0 intern$tion$* 2usiness 2omestic business 0nternational business None of the given options 'uestion No# ( ( M$r%s# & ! 'uppose you are wor#ing in a manufacturing organi)ation. What constitutes your budget plan?
'uestion No# 2 ( M$r%s# & ! /nlist few disadvantages of ac9uisitions. Join the Worlds Top Leaders Team and EARN unbelievable Residual income daily. NO ellin!" No ponsorin!" No Recruitin!. #a$e #oney every day in %ust one minute
'uestion No# , ( M$r%s# (0 ! 'uppose you are wor#ing in !8$ $ompany as &ar#eting &anager. Nour company wants to launch a new venture in the 'ervice based business. What steps your mar#eting plan will include?
'uestion No# ( M$r%s# (0 ! 'uppose you want to calculate the net worth of your business. What #ind of statement will you use in order to calculate the net profit? !lso discuss its #ey feature. 'uestion No# & ( M$r%s# (0 ! Few years age Walls !c9uired "ol#a. 8eing an entreprenuer if you are in the state of ac9uiring other firm then what should you consider?

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'()*+,' +-.'(/.*(0/ "pring 2010 '1*6022 +ntreprene&rship 3"ession 2 34

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9INA-TERM EXAMINATION Spring 2009 MGT602- Entrepreneurship (Session - ,!

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